Zurich Insurance Group

AXIS Appoints Lori Bailey to Lead Global Cyber and Technology

Retrieved on: 
Tuesday, July 18, 2023

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced the appointment of Lori Bailey as Head of Cyber and Technology.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced the appointment of Lori Bailey as Head of Cyber and Technology.
  • In her new role, Ms. Bailey will oversee the Company’s Global Cyber and Technology team and is responsible for shaping the division’s strategy, driving its profitability and growth goals, leading the global team, and further enhancing customer relationships.
  • “Lori is a highly regarded leader within the Cyber space and is exceptionally well-suited to run our industry-recognized Global Cyber and Technology business,” said Mr. Gregory.
  • “She brings an established track record of leading teams, driving profitable business growth, and building strong customer relationships.”
    Ms. Bailey joined AXIS in June 2023 as Global Head of Growth within the Global Cyber and Technology team.

Zurich adds cyber insurance offering for middle market businesses

Retrieved on: 
Monday, July 10, 2023

SCHAUMBURG, Ill., July 10, 2023 /PRNewswire/ -- Zurich North America, a provider of cyber risk solutions for over a decade, has introduced a cyber insurance offering designed specifically for middle market businesses. The Zurich Cyber Insurance Policy Concierge Suite includes not only Cyber Insurance coverage but also loss-prevention and resilience services such as a breach coach and a cybersecurity hotline available 24/7.

Key Points: 
  • Cyber Concierge product addresses middle market cyber resource gaps, offering both cyber insurance coverage and resilience services.
  • SCHAUMBURG, Ill., July 10, 2023 /PRNewswire/ -- Zurich North America, a provider of cyber risk solutions for over a decade, has introduced a cyber insurance offering designed specifically for middle market businesses.
  • "Many middle market companies have been caught in a cyber resource gap," said Michelle Chia , Head of Professional Liability and Cyber at Zurich North America.
  • Middle market companies interested in Cyber Concierge should contact their broker or visit the Zurich Cyber webpage for more information.

Franklin Madison and Zurich North America Join Forces to Provide Supplemental Insurance

Retrieved on: 
Thursday, June 29, 2023

Franklin Madison, a leading provider of insurance solutions and marketing services, is delighted to announce its collaboration with Zurich North America, one of the largest providers of insurance solutions and services to businesses and individuals.

Key Points: 
  • Franklin Madison, a leading provider of insurance solutions and marketing services, is delighted to announce its collaboration with Zurich North America, one of the largest providers of insurance solutions and services to businesses and individuals.
  • With over 100 years of industry experience in the United States and Canada, Zurich North America has earned a reputation as a trusted leader in the insurance sector.
  • Franklin Madison's CEO, Robert Dudacek, commended Zurich North America for its outstanding quality products and reputation.
  • The collaboration between Franklin Madison and Zurich North America will help meet the growing demands of the insurance industry.

dbt Labs Named 2023 Databricks Customer Impact Partner of the Year

Retrieved on: 
Wednesday, June 28, 2023

PHILADELPHIA, June 28, 2023 /PRNewswire/ -- dbt Labs, the pioneer in analytics engineering, today announced that it has been named Databricks' 2023 Customer Impact Partner of the Year at Databricks' annual conference, Data + AI Summit.

Key Points: 
  • PHILADELPHIA, June 28, 2023 /PRNewswire/ -- dbt Labs , the pioneer in analytics engineering, today announced that it has been named Databricks ' 2023 Customer Impact Partner of the Year at Databricks' annual conference, Data + AI Summit .
  • Databricks' 2023 State of Data + AI report revealed dbt as its fastest-growing data and AI product of the year, seeing 260% YoY growth, and over 700 customers using dbt on Databricks.
  • "Databricks has been a terrific partner, and we're proud of the positive impact that our two organizations have had on hundreds of companies," said Tristan Handy, founder and CEO of dbt Labs.
  • "Congratulations to dbt Labs on being named the Customer Impact Partner of the Year – a very well deserved recognition," said Roger Murff, VP of Technology Partners at Databricks.

AM Best Affirms Credit Ratings of Members of Farmers Insurance Group

Retrieved on: 
Friday, June 23, 2023

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the members of Farmers Insurance Group (Farmers).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the members of Farmers Insurance Group (Farmers).
  • At the same time, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of “bbb+” (Good) on the outstanding surplus notes of Farmers Insurance Exchange (Woodland Hills, CA) and Farmers Exchange Capital (Wilmington, DE).
  • The ratings also reflect Farmers’ strategic importance to Zurich Insurance Group Ltd (Zurich) (Switzerland).
  • Although Zurich has no ownership interest in the members of Farmers, the entities are strategically linked via an attorney-in-fact relationship between the members of the group and Farmers Group, Inc., Zurich’s wholly owned subsidiary.

New HashiCorp Boundary offering delivers identity-driven, modern privileged access management

Retrieved on: 
Tuesday, June 13, 2023

These include a new addition for privileged access management (PAM), HashiCorp Boundary Enterprise, and a simplified secrets management SaaS offering, HashiCorp Cloud Platform (HCP) Vault Secrets.

Key Points: 
  • These include a new addition for privileged access management (PAM), HashiCorp Boundary Enterprise, and a simplified secrets management SaaS offering, HashiCorp Cloud Platform (HCP) Vault Secrets.
  • HashiCorp Boundary integrates identity-driven controls to enable secure user access across dynamic environments without exposing the network to users.
  • “HashiCorp Boundary has made it possible to operationalize our zero trust access strategy and improve our privileged access management,” said Andrew Vezina, CISO and VP at EQ Bank.
  • “With its powerful capabilities and least-privileged access model, HashiCorp Boundary has helped us eliminate manual, time-consuming privilege access management tasks and elevated our security posture to mitigate evolving threats.”
    Today’s announcements extend the current offering of HCP Boundary and include:
    HashiCorp Boundary Enterprise — a self-managed commercial offering of HashiCorp Boundary for secure remote user access.

Zurich, Caramel introduce vehicle protection products to digital used car markets

Retrieved on: 
Tuesday, June 13, 2023

SCHAUMBURG, Ill., June 13, 2023 /PRNewswire/ -- Zurich North America is offering its Finance and Insurance (F&I) vehicle protection service contracts (VSCs) through Caramel, a digital checkout platform for independent dealers and private party car buyers and sellers. The move gives used car buyers access to Zurich's VSC products previously only available through new car dealerships. Zurich is one of the nation's leading providers of Property and Casualty (P&C) insurance and F&I solutions for auto dealers, offering a full suite of vehicle protection products for gas-combustion, hybrid and electric vehicles.

Key Points: 
  • The move gives used car buyers access to Zurich's VSC products previously only available through new car dealerships.
  • "The needs of car buyers continue to change rapidly, trending toward online vehicle sales with full-service support," said Vince Santivasi , Head of Direct Markets for Zurich North America.
  • Along with vehicle protection products offered through Zurich North America, car buyers can access financing options through third-party lenders and transport services for the vehicle.
  • "The vehicle protection products and services Caramel provides have not previously been available to private party and independent dealer car buyers," said Craig Nehamen, Caramel co-founder and co-CEO.

AXIS Appoints Lori Bailey as Head of Growth for Global Cyber and Technology

Retrieved on: 
Wednesday, June 7, 2023

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) announced today the appointment of Lori Bailey as Global Head of Growth within the Global Cyber & Technology division.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) announced today the appointment of Lori Bailey as Global Head of Growth within the Global Cyber & Technology division.
  • She reports to Dan Trueman, Global Head of Cyber & Technology.
  • In this newly created position, Ms. Bailey will play a key role in shaping the team’s strategic direction.
  • She previously held senior positions at Zurich Insurance Group, leading the professional liability, specialty lines and cyber underwriting functions globally.

Frankenmuth Insurance Names Zachary Martin Assistant Corporate Secretary

Retrieved on: 
Sunday, May 21, 2023

FRANKENMUTH, Mich., May 21, 2023 /PRNewswire-PRWeb/ -- Frankenmuth Insurance has announced Vice President Zachary Martin has been appointed to serve as Assistant Corporate Secretary, effective April 25, 2023.

Key Points: 
  • Frankenmuth Insurance has announced Vice President Zachary Martin has been appointed to serve as Assistant Corporate Secretary, effective April 25, 2023.
  • FRANKENMUTH, Mich., May 21, 2023 /PRNewswire-PRWeb/ -- Frankenmuth Insurance has announced Vice President Zachary Martin has been appointed to serve as Assistant Corporate Secretary, effective April 25, 2023.
  • Martin joined Frankenmuth Insurance in 2018 as the Director of Actuarial, Risk, and Compliance Services and brought 13 years of prior actuarial and technical experience from working for Liberty Mutual, Zurich North America, and TD Insurance.
  • In addition to serving on the Executive Committees of Frankenmuth Mutual Holding Company, Frankenmuth Holdings, Inc., Frankenmuth Insurance Company, and all subsidiary companies, Martin is a member of the Retirement, Political Affairs, and Risk committees.

David S. Brown Enterprises Welcomes Quest Management Group to Red Brook Corporate Center

Retrieved on: 
Thursday, May 18, 2023

, May 18, 2023 /PRNewswire/ -- Quest Management Group leases office space at 400 Red Brook Boulevard within the luxury suburban campus of Red Brook Corporate Center in Owings Mills, MD

Key Points: 
  • , May 18, 2023 /PRNewswire/ -- Quest Management Group leases office space at 400 Red Brook Boulevard within the luxury suburban campus of Red Brook Corporate Center in Owings Mills, MD
    With over 23 years of industry experience, Quest Management Group (Quest) brings a unique and seasoned approach to multi-family management.
  • Beginning as a small family run business, Quest has evolved through the years to a professionally staffed, multi-family management company which aligns the interests of investors, employees, and residents.
  • We will continue to support their goals by delivering unwavering customer service and top-tier amenities," stated Brent Mangum, Vice President of Office Leasing at David S. Brown Enterprises.
  • Quest Management Group operates 21 residential properties throughout Maryland, Ohio and Pennsylvania.